Tianci International, Inc. currently lacks substantial business operations. The company's primary objective is to seek out and unite with an active operating firm. Historically, its focus was on creating computer games. This enterprise is situated in Shenzhen, People's Republic of China, and operates as a controlled entity under Silver Glory Group Limited.
Tianci International Inc. (Nasdaq: CIIT) Establishes Local Operating Entity in Zimbabwe
Tianci International incorporated RIDGCORE RESOURCES (PRIVATE) LIMITED in Zimbabwe to serve as the local operating entity for its mineral products business.
The new subsidiary is advancing the lease of a 3-hectare (30,000 square meters) site to build a warehouse facility supporting a 360-hectare procurement area.
Management expects the facility to provide dynamic storage for 50,000 metric tons of mineral products as it targets monthly chromium ore supply exceeding 10,000 metric tons.